Frank & Kathleen Blair & Christine Thalheimer Foundation

Analysis

Frank & Kathleen Blair & Christine Thalheimer Foundation is a registered charity in United States, based in Towson, MD. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Frank & Kathleen Blair & Christine Thalheimer Foundation reported income of $144k and spending of $138k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $76k to $144k (+90%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 301%. Over the whole period it spent 127% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Frank & Kathleen Blair & Christine Thalheimer Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 47th percentile within MD. Charities of a similar size with the same main cause include Campbell Charitable Trust ($144k), Africaonline Media Orporation ($144k) and Rotary Club of Sebastopol Foundation Inc ($144k).

Compensation of current officers, directors and key employees was $21k (15% of expenses). At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.